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Tag: Central Bank of Nigeria

The Impact of POS Security Features on Customer Trust and Adoption in Businesses

Posted on June 11, 2024June 11, 2024 By 4myresearch

Nigeria’s transition from a cash-based to a cashless economy, led by the Central Bank of Nigeria’s (CBN) Cashless Policy launched in 2022, aims to modernize payment systems, reduce cash dependence, and enhance financial inclusion. A key component of this policy is the adoption of Point-of-Sale (POS) terminals to facilitate secure electronic transactions. However, challenges such…

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Business Administration

Nigeria’s Cybersecurity Levy: Understanding the Implications

Posted on May 7, 2024May 7, 2024 By 4myresearch

In May 2024, the Nigerian government, through the Central Bank of Nigeria (CBN, 2024), introduced a cybersecurity levy aimed at funding the country’s cybersecurity initiatives and protecting against the growing threat of cyber-attacks. This report provides an in-depth analysis of the cybersecurity levy, its implications for Nigerian businesses and individuals, and the broader goal of…

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